OraclePips

EURUSD Bias: Long

Long
FX:EURUSD   Euro / U.S. Dollar
Hello traders, in my previous eurusd analysis, I analyzed the bullish move of the EU and marked the current high as "WHAT NEXT?", indicating the uncertainty of whether the current market move will break it or not. But now, what is currently happening in the EURX (EURO DOLLAR INDEX) shows that the EURUSD has a 95% potential of going up to the extent of breaking the previous high.

Currently, the price is respecting the 1.09106 level. If this level hold and a price action signal are printed on the chart, then the price will successfully go up and break the 1.09709 level.

Conclusion: buy eurusd now or wait for the h4 timeframe to close to print a price action signal on the chart.

Use proper risk management and don't be greedy. You could take the first profit at the next key level and watch what the market will do there.

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